Business and Technology

Telkom to cut IP Connect broadband prices

Telkom and the Competition Commission have reached an agreement over concerns the regulatory watchdog had over its wholesale IP Connect product, which Internet service providers purchase to service their end users. Telkom is introducing what it calls an “aggregated wholesale solution” that will “remove concerns” over the current IP Connect offering provided by the operator’s wholesale division, Openserve.

The new product suite will introduce “transparency and remove any perceived competition problems associated with the provision of wholesale broadband connectivity”, Telkom said in a statement on Wednesday. Telkom is pleased that following concerns identified during the data services market inquiry, we were able to reach this settlement with the commission,” said CEO Sipho Maseko.

“During discussions with the commission it was agreed that the structure and initial pricing of this new offering from Openserve would reduce wholesale charges to ISPs for fibre broadband wholesale customers and in this way remove the pricing concerns raised in respect of IP Connect,” he said. The company did not say how much lower the new wholesale fibre broadband prices would be compared to the old product offering.

Telkom

The new Openserve product suite, which is structured as an “aggregated end-to-end solution”, will allow ISPs to manage their costs and compare the Openserve fixed broadband prices with the prices of other wholesale broadband providers more easily, thus enhancing competition in the fixed broadband connectivity market, Telkom said in the statement.

The company said there was therefore no need for the commission to recommend that it lower its mobile data prices when it concluded its data services market inquiry. Bigger rivals Vodacom and MTN South Africa have both implemented price cuts in this area.

“In continually striving to ensure that citizens get the best value when purchasing data services, Telkom has agreed to improve transparency of pricing in line with the inquiry recommendations. Telkom will notify its customers of the in-bundle effective rate per megabyte in its purchase confirmation messages to subscribers. Telkom will also notify subscribers of this rate via SMS when data bundles are successfully purchased,” it said.

Loading...

In other news – Twitter question Minnie Dlamini and Quinton Jones marriage after a recent tweet

Television presenter, Minnie Dlamini Jones’ tweet about needing time alone led to speculation about the state of her marriage to Quinton Jones, with many suggesting that they are on bad terms.

Minnie Dlamini-Jones

On Tuesday, 24 March 2020, Minnie Dlamini Jones stated that she would not mind spending the national lockdown alone. Read more

Source: techcentral

Loading...

Are You Looking for a NEW JOB?

Are you looking for a job or maybe you are already working but want a new job? We have you covered on our Jobs Listings website. We post only genuine jobs and you can apply for free. See All Jobs Here
Tags
Back to top button
Close